AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.

Ameritrade, TD Waterhouse In Talks About A Possible Merger; Industry Is Consolidating Fast; E-Trade/TD almost merged last year; ET sought merger with Ameritrade last month.(INTERNET & TECHNOLOGY)

Investor's Business Daily

| June 01, 2005 | COPYRIGHT 2003 Investor's Business Daily, Inc. (Hide copyright information)Copyright

Byline: BRIAN DEAGON

Ameritrade and TD Waterhouse USA said Tuesday the two online stock-trading firms are discussing a "potential transaction" that analysts say could lead to a $2.5 billion-$4 billion merger.

Such speculation has hovered in the industry since last year, say analysts, when merger talks between E-Trade and TD Waterhouse collapsed over control issues.

Then, three weeks ago, E-Trade made a $6 billion offer to acquire Ameritrade. E-Trade made the offer in a letter to Ameritrade's board, but directors said the company wasn't for sale.

An E-Trade spokeswoman said the company had no comment on the Ameritrade/TD Waterhouse …

Related articles from newspapers, magazines, journals, and more
US: Ameritrade and TD Waterhouse topple Schwab.
News wire article from: Europe Intelligence Wire July 14, 2005 700+ words
Ameritrade to buy TD Waterhouse.
News wire article from: Europe Intelligence Wire June 23, 2005 700+ words
Ameritrade Aims to Help Clients Invest: The TD Waterhouse buy propels its...
Magazine article from: Mergers & Acquisitions: The Dealmaker's Journal Harrison, Joan September 1, 2006 700+ words
Event Brief of Ameritrade Holding Corp. Merger & Acquisition Announcement of...
News wire article from: Fair Disclosure Wire June 22, 2005 700+ words
Event Brief of Q1 2006 Ameritrade Holding Corp. Earnings Conference Call and...
News wire article from: Fair Disclosure Wire January 25, 2006 700+ words
©2013 Gale, a part of Cengage Learning. All rights reserved. Contact us | Privacy policy | Terms and conditions

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily